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Latest Articles


Can Updated Return Be Filed After Notice Under Sections 143(2), 148A or 148?

Income Tax : The article explains how the Finance Acts, 2025 and 2026 have reshaped the Updated Return regime under Section 139(8A). It highlig...

June 27, 2026 642 Views 0 comment Print

SC Sends JAO vs Faceless Reassessment Dispute Back to High Courts

Income Tax : The Supreme Court has remitted reassessment cases for fresh consideration after the retrospective insertion of Section 147A, leavi...

June 27, 2026 186 Views 0 comment Print

25 Practical Errors Found During ITR Filing that every Taxpayer should avoid

Income Tax : Learn the most frequent errors taxpayers make while filing Income Tax Returns for AY 2026-27 and how avoiding them can prevent not...

June 27, 2026 1650 Views 1 comment Print

Section 87A Rebate Anomaly Leaves Higher Earners With Lower Take-Home Pay

Income Tax : The article explains how the interaction of Section 87A, marginal relief, and Health & Education Cess can leave taxpayers earning ...

June 27, 2026 135 Views 0 comment Print

FAQs on Authority for Advance Ruling/Board for Advance Rulings

Income Tax : Learn who can apply for an advance ruling, applicable fees, withdrawal rules, and its binding effect under the Income-tax Act. The...

June 27, 2026 17115 Views 0 comment Print


Latest News


Advance Tax Collections Grow 15.30% due to Higher Corporate Tax Payments

Income Tax : Net direct tax collections for FY 2026-27 grew by 14.64% as of June 17, 2026, driven by higher corporate and non-corporate tax rec...

June 19, 2026 249 Views 0 comment Print

Income Tax Superintendent Caught by CBI in Bribery Case Linked to PAN Deletion

Income Tax : The CBI apprehended an Income Tax Office Superintendent in Odisha after he was allegedly caught accepting a bribe for deleting a d...

June 6, 2026 6238 Views 0 comment Print

ITAT Prioritizes Old Appeals as Rising Pendency Requires Urgent Disposal Measures

Income Tax : The Income Tax Appellate Tribunal has proposed a priority disposal mechanism for appeals filed up to and including 2022 in respons...

June 5, 2026 306 Views 0 comment Print

Request for Rationalisation and Merger of TDS Return Codes 1023 & 1024

Income Tax : A representation has urged CBDT to merge TDS return codes 1023 and 1024, arguing that both apply to the same contract payments wit...

June 4, 2026 1935 Views 0 comment Print

Reduce CASS 2026 Scrutiny Cases Due to New Income Tax Act Transition Challenges: ITGOA

Income Tax : Association requested CBDT to rationalize CASS 2026 case selection considering the administrative burden caused by implementation ...

May 21, 2026 4011 Views 1 comment Print


Latest Judiciary


Bombay HC Quashes Penalty as Order Giving Effect Was Not Passed Within Limitation

Income Tax : The High Court held that failure to pass the order giving effect within the time prescribed under Section 153 resulted in abatemen...

June 28, 2026 72 Views 0 comment Print

Section 80-IA Deduction Denied as Trade Credits Remained Unexplained Under Section 68

Income Tax : The Madras High Court held that unexplained trade credits falling under Section 68 cannot qualify for deduction under Section 80-I...

June 28, 2026 36 Views 0 comment Print

ITAT Mumbai Restricts Section 14A Disallowance as It Cannot Exceed Exempt Income

Income Tax : The Tribunal restricted the Section 14A disallowance to exempt income and deleted additions relating to bad debts, tea and coffee ...

June 28, 2026 54 Views 0 comment Print

ITAT Rejects Section 143(1) Adjustment for Lack of Mandatory Prior Intimation

Income Tax : The ITAT held that the CPC could not make adjustments under Section 143(1) without first issuing the mandatory intimation to the a...

June 28, 2026 72 Views 0 comment Print

No Separate Approval Needed for 10% FTS Tax Benefit Where RBI Automatic Route Applies

Income Tax : The ITAT Mumbai held that Fees for Technical Services were taxable at 10% under section 115A(1)(b) since the RBI's automatic appro...

June 28, 2026 57 Views 0 comment Print


Latest Notifications


CBDT Grants Five-Year Scientific Research Recognition to Public Health Foundation

Income Tax : CBDT has approved a scientific research institution under the Income-tax Act, 2025 for tax years 2026-27 to 2030-31. The notificat...

June 27, 2026 159 Views 0 comment Print

CBDT Approved University of Hyderabad for Scientific Research Tax Benefits

Income Tax : CBDT has approved the University of Hyderabad for scientific research under Section 45 of the Income-tax Act, 2025. The approval i...

June 27, 2026 99 Views 0 comment Print

CBDT Issues Complete Income Tax Scrutiny Guidelines for FY 2026-27

Income Tax : The CBDT has identified specific categories of taxpayers whose returns will be compulsorily selected for complete scrutiny during ...

June 7, 2026 50733 Views 1 comment Print

Income-Tax (Amendment) Commencement Ordinance, 2026

Income Tax : The Ordinance exempts interest income and capital gains arising from Government securities for Foreign Institutional Investors and...

June 6, 2026 906 Views 0 comment Print

CBDT Notifies Infrastructure Sub-Sectors as Eligible Businesses Under Income Tax Act 2025

Income Tax : The Central Government has specified infrastructure sub-sectors from the Updated Harmonised Master List as eligible businesses und...

June 2, 2026 714 Views 0 comment Print


NDSL releases new e-TDS/TCS Return Preparation Utility Ver. 1.0

March 25, 2015 798 Views 0 comment Print

e-TDS/TCS Return Preparation Utility Ver. 1.0 based on JAVA platform for Regular Statements from FY 2007-08 onwards released (24/03/2015) Key features of RPU 1.0 NSDL e-TDS/TCS Return Preparation Utility in JAVA platform. Preparation of Regular TDS/TCS Statement(s) for Form 24Q, 26Q, 27Q & 27EQ pertaining to Financial Year 2007-08 onwards (for all quarters).

Income Tax – Central Action Plan for April, 2015 to June, 2015

March 24, 2015 1467 Views 0 comment Print

I am directed to forward herewith the Central Action Plan for the First Quarter i.e. (April 2015 to June, 2015) of the FY 2015-16. You are requested to circulate the same amongst all the officers in your region for necessary action.

Pay TDS /TCS for March in March Itself- CBDT to Banks & State Govts

March 24, 2015 2823 Views 0 comment Print

I am directed to say that all public sector banks have been requested by the Department of Financial Services, Ministry of Finance to ensure that tax deducted during the month of March, 2015 is remitted to the Government account in the month of March, 2015 itself.

Notification No. 31/2015 – Income Tax Dated 24/3/2015

March 24, 2015 2161 Views 0 comment Print

Notification No. 31/2015 – Income Tax Dated- 24th March, 2015 Central Government hereby notifies for the purposes of the said clause, West Bengal Transport Workers’ Social Security Scheme of West Bengal State Social Security Board established by Government of West Bengal, in respect of the following specified income arising to that Board, namely:-

Notification No. 30/2015 – Income Tax Dated 24/3/2015

March 24, 2015 2058 Views 0 comment Print

Notification No. 30/2015 – Income Tax Dated- 24th March, 2015 Central Government hereby notifies for the purposes of the said clause, Chhattisgarh Building and Other Construction Workers’ Welfare Board, a Board constituted by the Government of Chhattisgarh in respect of the following specified income arising to that Board, namely:-

Notification No. 29/2015 – Income Tax Dated 24/3/2015

March 24, 2015 1172 Views 0 comment Print

Notification No. 29/2015 – Income Tax Dated- 24th March, 2015 In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies for the purposes of the said clause, the Maharashtra State AIDS Control Society a body constituted by the Government of Maharashtra in respect of the following specified income arising to that Society, namely:-

Notification No. 28/2015 – Income Tax Dated 24/3/2015

March 24, 2015 1124 Views 0 comment Print

Notification No. 28/2015 – Income Tax Dated- 24th March, 2015 S.O. (E).- In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies for the purposes of the said clause, Bihar Electricity Regulatory Commission, – a Commission constituted by the Government of Bihar in respect of the following specified income arising to that Commission, namely:-

Notification No. 27/2015 – Income Tax Dated 24/3/2015

March 24, 2015 1472 Views 0 comment Print

Notification No. 27/2015 – Income Tax Dated- 24th March, 2015 S.O. (E).- In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies for the purposes of the said clause, the Joint Electricity Regulatory Commission for the State of Goa and Union territories, a Commission constituted by the Government of India, in respect of the following specified income arising to that Commission, namely:-

Notification No. 26/2015 – Income Tax Dated 24/3/2015

March 24, 2015 2311 Views 0 comment Print

Notification No. 26/2015 – Income Tax Dated- 24th March, 2015 S.O. (E).- In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies for the purposes of the said clause, Kerala Toddy Workers’ Welfare Fund Board, a Board established under the Kerala Toddy Workers’ Welfare Fund Act, 1969 (Kerala Act No. 22 of 1969), in respect of the following specified income arising to that Board, namely:-

DTAA signed with Czech Republic would be applicable to successor Slovak Republic

March 23, 2015 9641 Views 0 comment Print

Notification No. 25/2015 – Income Tax Agreement signed between the Government of the Republic of India and the Government of the Czechoslovak Socialist Republic on the 27th January 1986 for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income continues to be applicable to the residents of the Slovak Republic.

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